GREEN ZONE to GROW 235 Burke St 4,700 SF Office Building River Rouge, MI 48218 £395,735 (£84.20/SF)
INVESTMENT HIGHLIGHTS
- Historical freestanding building available for sale, just off of Jefferson Avenue, with an average daily traffic count of 4,562+ vehicles per day
- Strong synergy in the immediate marketplace surrounded by a dense residential population and several national tenants.
- Great opportunity for cannabis Processing/Cultivation, neighborhood service retailers, medical/office users, and multi-family developers.
- Located in the heart of River Rouge, the building was constructed in 1965 and features a fenced parking lot. There is an opportunity to purchase the a
- Zoning is NMU (Neighborhood Mixed Use) and sits in a Green Overlay District. Possible uses include cannabis, retail, office, and multi-family.
EXECUTIVE SUMMARY
Historical freestanding building available for sale, just off of Jefferson Avenue, with an average daily traf?c count of 4,562+ vehicles per day.
Located in the heart of River Rouge, the building was constructed in 1965 and features a fenced parking lot. There is an opportunity to purchase the adjacent land for additional parking if desired by a high parking-intensive user.
Strong synergy in the immediate marketplace, surrounded by a dense residential population and several national tenants.
Zoning is NMU (Neighborhood Mixed Use) and sits in a Green Overlay District. Possible uses include cannabis, retail, of?ce, and multi-family.
Great opportunity for cannabis Processing/Cultivation, neighborhood service retailers, medical/of?ce users, and multi-family developers
Located in the heart of River Rouge, the building was constructed in 1965 and features a fenced parking lot. There is an opportunity to purchase the adjacent land for additional parking if desired by a high parking-intensive user.
Strong synergy in the immediate marketplace, surrounded by a dense residential population and several national tenants.
Zoning is NMU (Neighborhood Mixed Use) and sits in a Green Overlay District. Possible uses include cannabis, retail, of?ce, and multi-family.
Great opportunity for cannabis Processing/Cultivation, neighborhood service retailers, medical/of?ce users, and multi-family developers
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Building Size
4,700 SF
Building Class
C
Year Built
1965
Price
£395,735
Price Per SF
£84.20
Tenancy
Single
Number of Floors
2
Typical Floor Size
4,205 SF
Building FAR
0.28
Lot Size
0.38 AC
Zoning
green zone - Green Zone
Parking
22 Spaces (4.68 Spaces per 1,000 SF Leased)
1 of 1
PROPERTY TAXES
| Parcel Number | 50-005-02-0128-000 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £81,031 |
CONTACT
-
Corbin Yaldoo -
C3 CRE, LLC
